Blis Technologies has upgraded its revenue and earnings guidance for the financial year ended March.
The company expects full-year revenue of around $10.1 million and ebitda deficit of between $0.6 million to $0.7 million, subject to completion of audit and year-end adjustments.
Guidance provided in February was for revenue between $9.5 million and $9.8 million and ebitda deficit in the range of $1.0 million to $1.2 million.
The upgraded guidance reflected increased sales activity and lower-than-expected costs of exiting the Canadian retail market, chief executive Brian Watson said.